SunocoCorp (NYSE:SUNC) Releases Quarterly Earnings Results

Posted by Joseph Casey on Aug 4th, 2026

SunocoCorp (NYSE:SUNC – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.76 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $14.26 billion during the quarter.

Here are the key takeaways from SunocoCorp’s conference call:

Adjusted EBITDA was $996 million in Q2, excluding approximately $14 million of transaction expenses, prompting Sunoco to raise 2026 guidance by $400 million to $3.5 billion–$3.7 billion.
Distributable Cash Flow as adjusted reached $608 million, supporting a quarterly distribution of just over $1 per unit/share—up 1.25% sequentially and more than 10% year over year—with 2.1x trailing coverage.
All four operating segments performed well. Fuel Distribution volumes increased 89% year over year, Terminals benefited from the TanQuid acquisition, Pipeline Systems delivered stable growth, and Refinery EBITDA rose to $175 million as Burnaby returned from its turnaround.
Management said leverage was approximately 3.7x, below its 4x long-term target, with $2.3 billion of revolver availability, leaving capacity for distribution growth and additional acquisitions.
Management expects to exceed its $500 million annual bolt-on acquisition target and pursue quick-return organic projects, but second-half guidance remains sensitive to refining crack spreads and fuel-market volatility; Canadian fuel demand was also down low- to mid-single digits year over year.

SunocoCorp Stock Down 3.7%

SUNC traded down $2.80 during mid-day trading on Tuesday, reaching $73.11. 137,962 shares of the company traded hands, compared to its average volume of 514,168. The firm has a market cap of $3.77 billion and a PE ratio of 34.42. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.40 and a quick ratio of 0.92. The stock’s fifty day moving average is $69.20. SunocoCorp has a 52-week low of $47.00 and a 52-week high of $77.57.

SunocoCorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Friday, August 7th will be given a dividend of $1.0023 per share. This represents a $4.01 dividend on an annualized basis and a yield of 5.5%. This is a positive change from SunocoCorp’s previous quarterly dividend of $0.99. The ex-dividend date is Friday, August 7th. SunocoCorp’s payout ratio is currently 185.92%.

Institutional Trading of SunocoCorp

Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. purchased a new position in SunocoCorp in the fourth quarter worth about $126,936,000. Millennium Management LLC purchased a new stake in shares of SunocoCorp during the 4th quarter valued at about $76,886,000. Norges Bank purchased a new stake in shares of SunocoCorp during the 4th quarter valued at about $74,696,000. Morgan Stanley bought a new position in shares of SunocoCorp in the 4th quarter worth approximately $73,776,000. Finally, Engine Capital Management LP bought a new position in shares of SunocoCorp in the 4th quarter worth approximately $67,976,000.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SUNC. Barclays upped their price objective on shares of SunocoCorp from $75.00 to $78.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Zacks Research cut SunocoCorp from a “hold” rating to a “strong sell” rating in a research note on Friday, July 24th. Citigroup increased their target price on SunocoCorp from $65.00 to $73.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $80.00 price target on shares of SunocoCorp in a research report on Wednesday, May 6th. Finally, Mizuho began coverage on shares of SunocoCorp in a research report on Friday, July 24th. They set an “outperform” rating and a $83.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, SunocoCorp has an average rating of “Moderate Buy” and an average price target of $78.50.

View Our Latest Analysis on SunocoCorp